Property Prices in North Korea

Index Info
Price to Income Ratio: 45.78
Mortgage as Percentage of Income: 429.56%
Loan Affordability Index: 0.23
Price to Rent Ratio - City Centre: 18.97
Price to Rent Ratio - Outside of Centre: 57.89
Gross Rental Yield (City Centre): 5.27%
Gross Rental Yield (Outside of Centre): 1.73%
Rent Per Month
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Apartment (1 bedroom) in City Centre 85.33 € 80.00-96.00
Apartment (1 bedroom) Outside of Centre 93.33 € 80.00-120.00
Apartment (3 bedrooms) in City Centre 1,269.00 € 538.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 186.67 € 120.00-320.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 140.00 €
Price per Square Feet to Buy Apartment Outside of Centre 115.00 €
Salaries And Financing
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Average Monthly Net Salary (After Tax) 149.89 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.11

These data are based on 16 entries in the past 12 months from 3 different contributors.
Last update: March 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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